Add VDI to the flaming dumpster fire that is WFC. End goal is to have employees use their own device when not in the office. Should you need help you are are SOL; very little tech can do to assist you. Sr. Leaders are Very Damn Ignorant if they... — read more
My guess is the 11th through the 14th
As September ends, and judging from what has been done in the past, these dates are in mind. So any major layoffs would be done during these days. The recession affects things as further contractionary announcements can affect employment at Wells... — read more
Too late in the year to bail ?
The writing is on the wall for me; time to go external. Some people have suggested waiting to leave until after 401k match and bonus. I have no idea how long it will take to find something, but February seems like a long time to wait. Any advice... — read more
This is frustrating
I've been looking for six months. I finally found something that worked perfectly for me and after a nearly month-long process that involved four separate interviews - all of which I thought went well - I finally got an offer. It's $25k under what we... — read more
Confirmed full time back to office on todays call
Heard it today from leadership today it’s coming….
Allspring Global Investment the worst
Behind the curtain layoffs all over the firm. More outflow than inflow in business. Recession talks looming as there will be more layoffs in the coming months since business is unprofitable. Stay away.
New Potential Layoffs
There has been some talk about more layoffs in the Salt Lake area. These layoffs may include our technical teams on site west of the airport. It seems to be credible because of job postings for the same line of business appearing in Texas.
Moved to a New Role and Nothing to Do
Moved to a new role less than 6 months ago. Not being given enough work to keep me busy. I have looked through all the training materials and other relevant sites. Asked for more work repeatedly and told there is nothing to give other than a few... — read more
Love
Guys, I love my office! We all work well together, never interrupt one another, enjoy catching each other stare at one another throughout the day with our low cubicles, and particularly enjoy collaborating with one another although none of us... — read more
Reminder: don’t stay if you don’t like it
Plenty of other jobs out there
Workers Sue Wells Fargo On Heels Of $145M DOL Settlement
Former Wells Fargo workers hit the banking giant with a proposed class action claiming it violated federal benefits law by overcharging their 401(k) plan for stock options, two weeks after Wells Fargo agreed to pay $145 million following a U.S... — read more
Non-hub location employees
There has been talk about employees 40+ miles from RTO locations or non-hub locations not being able to be promoted and/or post out. Of course nothing is in writing on this and while some people in this situation have been told, others I have asked... — read more
When the recession comes...
No. 1 most safe: Profit-making employees No. 2 most safe: HR or finance employees No. 3 most at risk: Event planning or benefits employees No. 2 most at risk: New initiative employees No. 1 most at risk: Contract workers
Promotion limitation
Is there any limitation for manager how many people you are allowed to promote annually ?
RIP Your Job: Thursday: 09/29/2022
Last Thursday of September, any rumors yet!
Is Wells Fargo Becoming the Game of Survivor?
I'm a fan of the reality game where there is lying, cheating, backstabbing, blindsiding and other fun things. Sometimes I feel like I'm in the game here at the bank, but without the benefit of Tribal Council to plead my case.
Is the stagecoach broken? If yes, is it repairable?
How long have you been around? Is the stagecoach broken? If yes, is it repairable?
Wells Fargo or Chase (Financial Analyst, Risk)
Let's say you are a recent college graduate with a Finanance degree from a solid regional college - you've been offered jobs from Wells Fargo and Chase. The position is a Financial Analyst in the Risk group. Let's say Wells Fargo Pays about 5%... — read more
New team created to audit Client facing team members
Just found out a new team was created to ensure client facing team members are following proper protocol. Thoughts?
Year-end performance due in October
There was a topic about this more or less recently. Now it is in the open on teamworks: ratings should be done by 10/28 and $$$ will be in discussions starting 11/16 and I guess, up until beginning of 2023.
Compared to when you started, how much work are you doing?
I've had to pick up the work of two other people who left within a few months of each other. It was supposed to be temporary, but here we are over a year later, and still no replacements. Before somebody points out the obvious, I know this is my... — read more
strange 8 question form during monthly review today.
Supervisor started the conversation by letting me know that these questions were not anonymous, during my monthly review. Questions about what I was doing to prepare for RTO, though she's fully aware I have a medical exemption. Questions moved on to... — read more
Too exhausted to be overwhelmed or frustrated
I’m a branch based team member. Premier Banker. My branch consists of myself, a business banker, service manager, and teller. We are short staffed 3 bankers, 2 tellers, and a branch manager. I feel that over the last 9 months, I have not done what I... — read more
Ran across this piece of corporate bs today and nearly choked on my sandwich
Wells Fargo: Our commitment to employees All of this starts with you. We know that everything we achieve is thanks to your hard work and dedication. 🤢 Which is why we must strive to be a company where the best and the most dedicated to... — read more
Hiring Freeze?
My area of Commercial Banking has been told that we can’t backfill positions for those that have left. Has anyone else heard similar and what part of the bank do you work in?
Laid off from Wells Fargo 9/22/2022
I was a technology worker at Wells Fargo and was laid off last week. Supposedly, because I worked 100% remotely-- that's what I was hired to do-- and that's no longer good enough. I suspect, though cannot prove, that ageism is definitely in play as I... — read more
Wells Fargo Reportedly Plans Staff Reductions
Wells Fargo reportedly announced plans for its 10th round of layoffs since April, making it the latest U.S. company to reassess its headcount as employers fear the economy could slide into... — read more
WTH
is going on wit this slave-driving company?!
Wells Fargo is filled with toxic people
From the highest to the lowest levels, Wells Fargo is a magnet for as-----s who do their best every single day to justify the bank's shady reputation. Do you want to know why things are going south? For the majority, all you have to do is look in the... — read more
Eligible for retirement? Step aside! (If you want)
Why not offer people who qualify for retirement 12 months severance and clear out some space ?
Be careful if your manager says they want you to start “cross- training” other people to do your job.
Wells Fargo is stooping to new lows in their efforts to improve profits. Don’t trust a word they say. A few months back, our Managing Director said he wanted to start cross-training in our department to “improve the department’s agility and... — read more
Are there going to be more layoffs next week?
Has anything been mentioned?
36 cut in Des Moines’s last Thursday.
https://www.desmoinesregister.com/story/money/business/2022/09/24/wells-fargo-layoffs-more-des-moines-jobs-10th-round-cuts-iowa/8091631001/
Four-day work week
It seems to be a success among companies in the U.K. that started a pilot program earlier this year. Instead of five 8-hour days, people are working four 10-hour days. So far, none of the companies have recorded a drop in productivity and some have... — read more
401k
Currently my annualized rate of return less than 1%, and cumulative is just over 1%, which is less than I would be earning even if I just had the money in a savings account. It seems like the stock market fluctuates wildly, and I have been wondering... — read more
New Company Considers Diabetes, Anxiety & Depression a DISABILITY
After being laid off from Wells Fargo this past year I accepted a new position, an $18,000 per year salary increase. This is an internal, exempt permanent position at this new company. One of the employment eligibility forms asked if one had a... — read more
Workday - Managers
Can managers see if their employee posts for another role? In the past, managers were usually unaware of their employees seeking other opportunities until final interview stages. I’m curious if Managers can actually see when an employee simply... — read more
How long to hear back for internal job interview
Is there something wrong with HR I interviewed for an internal position over a month ago, I have heard they made a decision on a candidate. So wtf?
WF CEO along with 6 other bank CEOs will sabotage unionization
During the testimony of 7 bank CEOs in front of congress this past week, none of them answered Yes to say they will not sabotage efforts or harass employees who want to unionize. All big banks must be unionized for consumer protection and... — read more